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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Anmol Singh Jaggi’s all-electric taxi startup has resorted to crowdfunding but the math doesn’t work. Separately, Triton EV is back with another MoU without much action; and Byju Raveendran’s PR smokescreen.
Last week, BluSmart, the Gurugram-based all-electric taxi startup, announced in a LinkedIn post the rollout of BluSmart Assure. Under the programme, it is asking people to invest in its EV fleet and, by extension, a cleaner mobility experience. It marked the moment with the investment by a software engineer in his 20s.
The pitch is this: You buy at least one Tata Tigor EV, which costs around Rs 13.4 lakh after subsidies, and lease it to BluSmart for a 48-month term. The company will deploy these vehicles for its taxi fleet and will pay the owner a monthly lease amount …
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
AI is set to disrupt the sector. While the path ahead looks tough for legacy publishers like S Chand Publishing and Arihant Publications, things don’t look encouraging for others in the industry either.
Co-founders Alakh Pandey and Prateek Maheshwari made Physics Wallah the company it is today by keeping their focus on the digital media, test-prep business. With fresh funds at its disposal after the IPO, it is making the mistake of believing it is an education company.
